Insights
Cumberland Advisors Market Commentary offers insights and analysis on upcoming, important economic issues that potentially impact global financial markets. Our team shares their thinking on global economic developments, market news and other factors that often influence investment opportunities and strategies. Our readers appreciate its timeliness, depth of analysis, and quality of research.
Author(s): Patricia Healy, CFA | Sat March 31, 2018
Ratings, Teachers’ Strikes, Pensions, Higher Education
Author(s): Robert Brusca | Sat March 31, 2018
We thank readers for their thoughtful responses to David Blond's guest paper on trade and tariffs, Winners and Losers from Global Trade. That paper triggered debate. Below is Bob Brusca’s rebuttal. Enjoy the debate as each person can decide her/his own viewpoint.
Author(s): Bill Witherell, Ph.D. | Fri March 30, 2018
Asian economies have begun the year with continued solid – and in some cases robust –performance. Yet the major Asian stock markets have diverged, with some significantly outperforming and others underperforming. In this note we focus on Japan, China, and India.
Author(s): Gabriel Hament | Wed March 28, 2018
Active Equity Fund Managers Stuck in the Rough, While Active Bond Managers Tend to Stay on the Fairway
Author(s): Robert Eisenbeis, Ph.D. | Tue March 27, 2018
Chairman Powell held his first press conference following the FOMC meeting. It was more concise but just as informative as those of his predecessor. As expected, the FOMC raised the target range for the federal funds rate by 25 basis points, and Chairman Powell delivered a message consistent…
Author(s): | Sat March 24, 2018
The first quarter of 2018 provided some long overdue volatility to equity markets while Treasury yields rose across the board. The long end of the yield curve underperformed during the month of January. Roughly 75% of the 35-basis-point move upward in the 30yr Treasury yield took place in the…
Author(s): | Wed March 21, 2018
Banks and the banking system are a big part of the April 5 Financial Literacy Day to be held in Sarasota at the Selby Auditorium on the University of South Florida Sarasota-Manatee (USFSM) campus.
Author(s): Leo Chen, Ph.D. | Tue March 20, 2018
The US stock market had a long overdue correction in the first quarter, a response to the concern that the market had become overvalued in the raging post-election bull market. Many sophisticated investors would probably agree that a healthy pullback can propel the market forward in the long run…
Author(s): David L. Blond, Ph.D | Sun March 18, 2018
David L. Blond, Ph.D, has a distinguished career in international economics and particularly on the issues of trade. He is the president of QuERI-International, Washington, D.C.
He has assessed President Trump’s Tariff and Trade barrier initiative and has articulated some strong opinions…
Author(s): John R. Mousseau, CFA | Sat March 17, 2018
The first quarter of 2018 was a wobbly one for municipal bonds. Supply, as we know, was taken from this quarter and moved up to December of 2017 in order to beat the tax bill. Most of this “moved up” issuance was in the form of advance refunding issues (which were not allowed under the new tax…